| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.3B | $10.7B | — | -3.7% | — |
| Op. Income | $715M | $0 | — | — | — |
| Gross Margin | 18.8% | 31.5% | — | -12.7pp | — |
| Net Margin | 5.3% | 12.8% | — | -7.5pp | — |
| EPS (Diluted) | $0.29 | $0.71 | — | -59.8% | — |
| Free Cash Flow | $1.3B | $1.3B | — | 3.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.3B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $1.2B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $715M |
| Interest Income | $18M |
| Interest Expense | $68M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $712M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $543M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $543M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $536M |
| D&A | $913M |
| EBIT | $832M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10.3B |
| Cost of Revenue | $8.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $52M |
| SG&A Expenses | $52M |
| Other Expenses | $1.2B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $715M |
| Interest Income | $18M |
| Interest Expense | $68M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $712M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $543M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $543M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $536M |
| D&A | $913M |
| EBIT | $832M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $543M |
| Depreciation & Amortization | $913M |
| Stock-Based Compensation | -$72M |
| Deferred Income Tax | $121M |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $694M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$855M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$935M |
| Net Debt Issuance | $64M |
| Common Stock Repurchased | -$256M |
| Common Dividends Paid | -$191M |
| Other Financing Activities | -$77M |
| NET CASH FROM FINANCING | -$467M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $705M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $2.9B |
| Other Current Assets | $340M |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $29.0B |
| Goodwill | $2.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $408M |
| Tax Assets | $509M |
| Other Non-Current Assets | $265M |
| TOTAL NON-CURRENT ASSETS | $32.3B |
| TOTAL ASSETS | $39.4B |
| Account Payables | $786M |
| Short-Term Debt | $131M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $341M |
| TOTAL CURRENT LIABILITIES | $4.5B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $13.9B |
| TOTAL LIABILITIES | $18.4B |
| Common Stock | $11.7B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $6.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $883M |
| Other Equity | $18M |
| TOTAL STOCKHOLDERS' EQUITY | $21.0B |
| Minority Interest | $10M |
| TOTAL EQUITY | $21.0B |
| TOTAL LIABILITIES & EQUITY | $39.4B |
| Total Debt | $7.3B |
| Net Debt | $5.6B |
